Stock market futures were mostly calm on Thursday evening ahead of a key jobs report that is expected to shed light on the health of the U.S. economy.

S&P 500 futures were little changed. Futures linked to the Dow Jones Industrial Average ticked up 0.1% while Nasdaq 100 futures shed 0.1%.

The May nonfarm payrolls report is due out before the opening bell on Friday. Economists expect growth of 125,000 jobs, according to Dow Jones, which would represent a decline from the prior month but likely not enough of one to cause a surge in recession fears.

Some recent economic data has pointed to a slowdown in the U.S., raising questions about the impact of the multi-front tariff negotiations and the next steps for the Federal Reserve.

“The Federal Reserve is navigating a narrow path. While they

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